Tearsheet

Teradyne (TER)

Market Price (9/17/2025): $113.77 | Market Cap: $18.2 Bil
Sector: Information Technology | Industry: Semiconductor Materials & Equipment

Teradyne (TER)

Market Price (9/17/2025): $113.77
Market Cap: $18.2 Bil
Sector: Information Technology
Industry: Semiconductor Materials & Equipment

Investment Highlights

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%	Weak multi-year price returns 2Y Excs Rtn is -31%, 3Y Excs Rtn is -32%	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.8%, Rev Chg QQuarterly Revenue Change % is -11%
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%

0	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%
1	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%
2	Weak multi-year price returns 2Y Excs Rtn is -31%, 3Y Excs Rtn is -32%
3	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.8%, Rev Chg QQuarterly Revenue Change % is -11%

Market Valuation

	9/17/25	2024	2023	2022	2021
Share Price CYE	$113.77	$125.47	$107.69	$86.30	$160.86
Market Cap CYE ($ Bil)	18.2	20.4	16.5	13.4	26.2
Total Debt ($ Bil)	0.1	0.1	0.1	0.1	0.2
Total Cash ($ Bil)	0.4	0.6	0.8	0.9	1.4
Enterprise Value ($ Bil)	17.9	20.5	16.6	13.5	26.4
Valuation Ratios
P/S TTM	6.4	7.1	6.3	4.4	7.3
P/EBIT TTM	34.0	32.7	31.6	16.4	22.9
P/E TTM	38.8	36.9	37.3	19.3	26.6
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8	2.5	5.0
P/EBIT TTM (Sector)	4.0	-0.0	-0.1	-0.5	1.7
P/E TTM (Sector)	-0.4	-0.3	-0.4	-0.5	0.0

	9/17/25	2024	2023
Share Price CYE	$113.77	$125.47	$107.69
Market Cap CYE ($ Bil)	18.2	20.4	16.5
Total Debt ($ Bil)	0.1	0.1	0.1
Total Cash ($ Bil)	0.4	0.6	0.8
Enterprise Value ($ Bil)	17.9	20.5	16.6
Valuation Ratios
P/S TTM	6.4	7.1	6.3
P/EBIT TTM	34.0	32.7	31.6
P/E TTM	38.8	36.9	37.3
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8
P/EBIT TTM (Sector)	4.0	-0.0	-0.1
P/E TTM (Sector)	-0.4	-0.3	-0.4

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. Show more Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts. Show less

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
TER Return	77%	37%	-46%	25%	17%	-9%	69%
Peers Return	50%	54%	-32%	59%	2%	23%	213%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: KEYS, FORM, LRCX, AMAT, KLAC. See TER Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Better Bets than Teradyne (TER)

	TER	Better Performance than TER
Metric	Value	Industry (Semiconductor Materials & Equi)
Rev Chg LTM	4.6%	LRCX (23.7%), AMAT (6.6%), KLAC (23.9%), NVMI (43.7%), AEIS (8.5%)
Rev Chg 3Y Avg	-5.8%	LRCX (3.5%), AMAT (4.4%), KLAC (10.4%), ENTG (10.9%), NVMI (17.9%)
Op Mgn LTM	19.2%	LRCX (32.0%), AMAT (30.1%), KLAC (41.2%), NVMI (28.9%), CAMT (26.6%)
CFO/Rev LTM	28.0%	LRCX (33.5%), KLAC (33.6%), NVMI (28.5%)
FCF/Rev LTM	20.1%	LRCX (29.4%), AMAT (20.4%), KLAC (30.8%), NVMI (25.5%), ONTO (23.0%)
Total Yield	3.0%	LRCX (4.2%), AMAT (5.9%), KLAC (3.8%), MKSI (4.1%), ONTO (3.4%)

	TER	Better Performance than TER
Metric	Value	Sector (Information Technology)
Rev Chg LTM	4.6%	NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), AVGO (28.0%), ORCL (8.4%)
Rev Chg 3Y Avg	-5.8%	NVDA (92.0%), MSFT (12.5%), AAPL (1.8%), AVGO (24.0%), ORCL (10.7%)
Op Mgn LTM	19.2%	NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), AVGO (39.0%), ORCL (31.5%)
CFO/Rev LTM	28.0%	NVDA (46.6%), MSFT (48.3%), AVGO (42.4%), ORCL (36.3%), PLTR (50.3%)
FCF/Rev LTM	20.1%	NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), AVGO (41.6%), PLTR (49.7%)
Total Yield	3.0%	MSFT (3.3%), AAPL (3.2%), CSCO (6.3%), IBM (5.0%), CRM (3.4%)

	TER	Better Performance than TER
Metric	Value	All Other Sectors
Rev Chg LTM	4.6%	GOOGL (13.1%), AMZN (10.9%), META (19.4%), JPM (8.2%), LLY (36.8%)
Rev Chg 3Y Avg	-5.8%	GOOGL (10.2%), AMZN (11.3%), META (13.0%), TSLA (12.9%), BRK-B (16.6%)
Op Mgn LTM	19.2%	GOOGL (32.7%), META (42.9%), LLY (43.0%), V (66.5%), MA (58.0%)
CFO/Rev LTM	28.0%	GOOGL (36.0%), META (56.4%), V (60.4%), MA (53.3%), ABBV (33.1%)
FCF/Rev LTM	20.1%	META (30.7%), V (56.8%), MA (49.2%), NFLX (20.4%), ABBV (31.3%)
Total Yield	3.0%	GOOGL (4.1%), META (3.6%), BRK-B (5.9%), JPM (6.6%), WMT (3.4%)

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Teradyne Earnings Notes
2	Will You Be Comfortable Buying Teradyne Stock?	Return
3	Better Bet Than TER Stock: Pay Less Than Teradyne To Get More From ACMR, AMAT, KLAC, LRCX	Actionable
4	As TER Surges 18% in a Month, GOOGL's Story Stands Out	Counter-Intuitive Comparisons
5	With TER Up 18% in a Month, Is It Time to Compare It Against LRCX?	Counter-Intuitive Comparisons
6	How Does TER Stack Up Against Its Peers?
7	Better Bet Than TER Stock: Pay Less Than Teradyne To Get More From MU, LRCX
8	Better Bet Than TER Stock: Pay Less Than Teradyne To Get More From LRCX, KLAC
9	TER Dip Buy Analysis
10	Teradyne Total Shareholder Return (TSR): 16.9% in 2024 and -7.5% 3-yr compounded annual returns (below peer average)
11	ARTICLES
12	TER Climbed 29% In A Month. How Confident Are You In The Stock?		August 27th, 2025
13	TER Up 30% In A Month. Do You Buy Or Wait?		August 26th, 2025
14	Better Bet Than Teradyne Stock: Pay Less To Get More From LRCX, AMAT		August 25th, 2025
15	TER Stock in Focus: Does It Outshine the Peer Group?		August 6th, 2025
16	S&P 500 Movers \| Winners: GNRC, TER, HUM \| Losers: IEX, ODFL, FCX		July 31st, 2025

	Title
0	DASHBOARDS
1	TER Climbed 29% In A Month. How Confident Are You In The Stock?
2	TER Up 30% In A Month. Do You Buy Or Wait?
3	Better Bet Than Teradyne Stock: Pay Less To Get More From LRCX, AMAT
4	TER Stock in Focus: Does It Outshine the Peer Group?
5	S&P 500 Movers \| Winners: GNRC, TER, HUM \| Losers: IEX, ODFL, FCX
6	ARTICLES
7	Teradyne Earnings Notes
8	Will You Be Comfortable Buying Teradyne Stock?
9	Better Bet Than TER Stock: Pay Less Than Teradyne To Get More From ACMR, AMAT, KLAC, LRCX
10	As TER Surges 18% in a Month, GOOGL's Story Stands Out
11	With TER Up 18% in a Month, Is It Time to Compare It Against LRCX?
12	How Does TER Stack Up Against Its Peers?
13	Better Bet Than TER Stock: Pay Less Than Teradyne To Get More From MU, LRCX
14	Better Bet Than TER Stock: Pay Less Than Teradyne To Get More From LRCX, KLAC
15	TER Dip Buy Analysis
16	Teradyne Total Shareholder Return (TSR): 16.9% in 2024 and -7.5% 3-yr compounded annual returns (below peer average)

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FGI	FGI Industries	139.3%	145.2%
2	CODX	Co-Diagnostics	80.8%	-14.8%
3	CNFR	Conifer	55.5%	50.4%
4	BGI	Birks	55.4%	-18.1%
5	FLUX	Flux Power	52.2%	99.4%
6	BOXL	Boxlight	45.7%	32.1%
7	LVRO	Lavoro	45.5%	-57.4%
8	NFE	New Fortress Energy	44.9%	-86.8%
9	WBTN	Webtoon Entertainment	39.0%	53.2%
10	HCWC	Healthy Choice Wellness	37.5%	-34.7%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	REX	REX American Resources	-50.1%	46.1%
2	XAGE	Longevity Health	-39.3%	-86.1%
3	BNGO	Bionano Genomics	-35.7%	-89.7%
4	IHT	InnSuites Hospitality Trust	-30.7%	7.3%
5	LUD	Luda Technology	-28.6%
6	NAOV	NanoVibronix	-28.5%	-88.2%
7	GDC	GD Culture	-28.2%	269.8%
8	ASST	Strive	-28.0%	813.4%
9	BIAF	bioAffinity Technologies	-25.5%	-71.3%
10	FAAS	DigiAsia	-23.9%	-87.2%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	BDSX	Biodesix	1313.2%	-78.6%
2	CLSD	Clearside Biomedical	954.0%	-74.9%
3	SDOT	Sadot	624.1%	-79.4%
4	WLDS	Wearable Devices	498.0%	-30.0%
5	CHEK	Check-Cap	285.6%	154.6%
6	ATCH	AtlasClear	275.9%	-91.0%
7	HSDT	Helius Medical Technologies	262.5%	-95.6%
8	OPI	Office Properties Income Trust	261.7%	-13.4%
9	FGI	FGI Industries	156.8%	145.2%
10	AIRE	ReAlpha Tech	154.0%	-56.1%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NAKA	Kindly MD	-81.4%
2	ATYR	aTyr Pharma	-79.7%	-70.2%
3	LGCL	Lucas GC	-73.6%	-77.1%
4	EPSM	Epsium Enterprise	-70.1%
5	BNGO	Bionano Genomics	-59.4%	-89.7%
6	FAAS	DigiAsia	-58.5%	-87.2%
7	QMMM	QMMM	-57.5%	6775.0%
8	VCIG	VCI Global	-56.9%	-99.1%
9	YYGH	YY	-56.6%	-78.5%
10	XAGE	Longevity Health	-55.5%	-86.1%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11963.5%	11963.5%
2	GIBO	GIBO	9734.4%
3	CHSN	Chanson International	7565.0%	-99.3%
4	LNZA	LanzaTech Global	7287.5%	-86.0%
5	QMMM	QMMM	3031.7%	6775.0%
6	OESX	Orion Energy Systems	1497.9%	22.9%
7	CURX	Curanex Pharmaceuticals	1401.6%	1401.6%
8	ENTO	Entero Therapeutics	565.6%	117.6%
9	PTNM	Pitanium	553.2%
10	WLDS	Wearable Devices	449.5%	-30.0%

1 Month Top Losers

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1	CJET	Chijet Motor	-92.2%	-95.0%
2	STFS	Star Fashion Culture	-92.2%	-97.8%
3	ELPW	Elong Power	-91.6%	-76.7%
4	NXTT	Next Technology	-89.6%	-95.1%
5	NAKA	Kindly MD	-89.0%
6	BINI	Bollinger Innovations	-88.9%	-100.0%
7	JEM	707 Cayman	-88.4%	-98.2%
8	YAAS	Youxin Technology	-82.5%	-98.3%
9	NEON	Neonode	-82.0%	-50.2%
10	NVNO	enVVeno Medical	-81.5%	-69.8%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FGI	FGI Industries	139.3%	145.2%
2	CODX	Co-Diagnostics	80.8%	-14.8%
3	CNFR	Conifer	55.5%	50.4%
4	BGI	Birks	55.4%	-18.1%
5	FLUX	Flux Power	52.2%	99.4%
6	BOXL	Boxlight	45.7%	32.1%
7	LVRO	Lavoro	45.5%	-57.4%
8	NFE	New Fortress Energy	44.9%	-86.8%
9	WBTN	Webtoon Entertainment	39.0%	53.2%
10	HCWC	Healthy Choice Wellness	37.5%	-34.7%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	REX	REX American Resources	-50.1%	46.1%
2	XAGE	Longevity Health	-39.3%	-86.1%
3	BNGO	Bionano Genomics	-35.7%	-89.7%
4	IHT	InnSuites Hospitality Trust	-30.7%	7.3%
5	LUD	Luda Technology	-28.6%
6	NAOV	NanoVibronix	-28.5%	-88.2%
7	GDC	GD Culture	-28.2%	269.8%
8	ASST	Strive	-28.0%	813.4%
9	BIAF	bioAffinity Technologies	-25.5%	-71.3%
10	FAAS	DigiAsia	-23.9%	-87.2%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	BDSX	Biodesix	1313.2%	-78.6%
2	CLSD	Clearside Biomedical	954.0%	-74.9%
3	SDOT	Sadot	624.1%	-79.4%
4	WLDS	Wearable Devices	498.0%	-30.0%
5	CHEK	Check-Cap	285.6%	154.6%
6	ATCH	AtlasClear	275.9%	-91.0%
7	HSDT	Helius Medical Technologies	262.5%	-95.6%
8	OPI	Office Properties Income Trust	261.7%	-13.4%
9	FGI	FGI Industries	156.8%	145.2%
10	AIRE	ReAlpha Tech	154.0%	-56.1%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NAKA	Kindly MD	-81.4%
2	ATYR	aTyr Pharma	-79.7%	-70.2%
3	LGCL	Lucas GC	-73.6%	-77.1%
4	EPSM	Epsium Enterprise	-70.1%
5	BNGO	Bionano Genomics	-59.4%	-89.7%
6	FAAS	DigiAsia	-58.5%	-87.2%
7	QMMM	QMMM	-57.5%	6775.0%
8	VCIG	VCI Global	-56.9%	-99.1%
9	YYGH	YY	-56.6%	-78.5%
10	XAGE	Longevity Health	-55.5%	-86.1%

Peer Comparisons for Teradyne

Financials

	TER	KEYS	FORM	LRCX	AMAT	KLAC	Median
Name	Teradyne	Keysight.	FormFact.	Lam Rese.	Applied .	KLA
Mkt Price	113.93	172.07	31.90	120.47	173.54	990.57	146.27
Mkt Cap	18.2	29.6	2.5	153.5	138.5	130.8	80.2
Rev LTM	2,828	5,243	765	18,436	28,613	12,156	8,700
Op Inc LTM	544	889	41	5,901	8,623	5,014	2,952
FCF LTM	569	1,415	4	5,414	5,823	3,742	2,578
FCF 3Y Avg	503	1,181	18	4,782	6,457	3,367	2,274
CFO LTM	793	1,543	105	6,173	7,705	4,082	2,812
CFO 3Y Avg	685	1,347	90	5,335	7,788	3,687	2,517

Growth & Margins

	TER	KEYS	FORM	LRCX	AMAT	KLAC	Median
Name	Teradyne	Keysight.	FormFact.	Lam Rese.	Applied .	KLA
Rev Chg LTM	4.6%	4.8%	8.3%	23.7%	6.6%	23.9%	7.4%
Rev Chg 3Y Avg	-5.8%	0.1%	-0.7%	3.5%	4.4%	10.4%	1.8%
Rev Chg Q	-10.7%	11.1%	-0.8%	33.6%	7.7%	23.6%	9.4%
QoQ Delta Rev Chg LTM	-2.7%	2.6%	-0.2%	7.6%	1.9%	5.2%	2.3%
Op Mgn LTM	19.2%	17.0%	5.4%	32.0%	30.1%	41.2%	24.7%
Op Mgn 3Y Avg	20.2%	20.2%	2.5%	30.2%	29.4%	38.8%	24.8%
QoQ Delta Op Mgn LTM	-1.6%	0.1%	-0.7%	1.2%	0.5%	1.1%	0.3%
CFO/Rev LTM	28.0%	29.4%	13.7%	33.5%	26.9%	33.6%	28.7%
CFO/Rev 3Y Avg	24.5%	25.5%	12.5%	31.5%	28.5%	34.1%	27.0%
FCF/Rev LTM	20.1%	27.0%	0.5%	29.4%	20.4%	30.8%	23.7%
FCF/Rev 3Y Avg	18.0%	22.3%	2.6%	28.3%	23.7%	31.1%	23.0%

Valuation

	TER	KEYS	FORM	LRCX	AMAT	KLAC	Median
Name	Teradyne	Keysight.	FormFact.	Lam Rese.	Applied .	KLA
Mkt Cap	18.2	29.6	2.5	153.5	138.5	130.8	80.2
P/S	6.4	5.6	3.2	8.3	4.8	10.8	6.0
P/EBIT	34.0	26.9	32.0	25.0	15.1	26.4	26.7
P/E	38.8	54.4	56.0	28.6	20.3	32.2	35.5
P/CFO	23.0	19.2	23.4	24.9	18.0	32.0	23.2
Total Yield	3.0%	1.8%	1.8%	4.2%	5.9%	3.8%	3.4%
Dividend Yield	0.4%	0.0%	0.0%	0.7%	1.0%	0.7%	0.6%
FCF Yield 3Y Avg	2.9%	4.3%	0.4%	4.3%	4.4%	3.6%	4.0%
D/E	0.0	0.1	0.0	0.0	0.0	0.0	0.0
Net D/E	-0.0	0.0	-0.1	-0.0	-0.0	0.0	-0.0

Returns

	TER	KEYS	FORM	LRCX	AMAT	KLAC	Median
Name	Teradyne	Keysight.	FormFact.	Lam Rese.	Applied .	KLA
1M Rtn	4.2%	5.3%	11.1%	21.1%	7.3%	13.5%	9.2%
3M Rtn	32.0%	7.2%	-5.1%	30.0%	-0.0%	11.2%	9.2%
6M Rtn	28.5%	12.7%	-2.8%	56.1%	13.7%	40.2%	21.1%
12M Rtn	-10.6%	15.1%	-24.4%	60.7%	-6.5%	35.8%	4.3%
3Y Rtn	40.6%	4.0%	18.2%	203.8%	100.7%	204.6%	70.7%
1M Excs Rtn	1.8%	2.9%	8.7%	18.6%	4.9%	11.0%	6.8%
3M Excs Rtn	20.6%	-3.5%	-18.1%	19.5%	-10.9%	1.7%	-0.9%
6M Excs Rtn	10.3%	-4.9%	-18.7%	37.8%	-4.1%	22.1%	3.1%
12M Excs Rtn	-28.8%	-2.1%	-43.6%	44.9%	-22.4%	18.3%	-12.2%
3Y Excs Rtn	-32.5%	-62.6%	-51.0%	114.4%	22.4%	122.5%	-5.1%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/29/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	8/1/2025	2/20/2025	2/22/2024	2/22/2023	2/23/2022	2/22/2021	3/2/2020
Key Financials
Total Revenue	2,828	2,820	2,676	3,155	3,703	3,121	2,295
EBITDA	658	732	640	955	1,304	1,052	669
Operating Income	544	552	522	849	1,210	915	540
Net Income	469	542	449	716	1,015	784	467
EPS	2.89	3.41	2.91	4.52	6.15	4.72	2.74
Growth Rates
Total Revenue Growth	4.6%	5.4%	-15.2%	-14.8%	18.6%	36.0%	9.2%
EBITDA Growth	-5.2%	14.4%	-32.9%	-26.8%	24.0%	57.3%	10.9%
Operating Income Growth	4.9%	5.7%	-38.5%	-29.8%	32.2%	69.6%	10.4%
Net Income Growth	-5.3%	20.9%	-37.3%	-29.5%	29.4%	67.7%	3.5%
Margins
EBITDA Margin	23.3%	26.0%	23.9%	30.3%	35.2%	33.7%	29.1%
Operating Income Margin	19.2%	19.6%	19.5%	26.9%	32.7%	29.3%	23.5%
Net Income Margin	16.6%	19.2%	16.8%	22.7%	27.4%	25.1%	20.4%
Cash & Debt
Total Cash	368	600	820	894	1,366	1,436	911
Total Debt	74	77	83	133	185	473	460
Net Debt / (Cash)	-293	-523	-737	-762	-1,182	-964	-451
Cash Flows
Net Cash from Operations	793	672	585	578	1,098	869	579
Free Cash from Operations	569	474	426	415	966	684	444
Returns to Shareholders
Dividends	78	76	68	70	66	66	61
Share Repurchases	443	199	397	752	600	88	500

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/29/2025	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	12/31/2022	10/2/2022
Filing Date	8/1/2025	5/2/2025	2/20/2025	11/1/2024	8/2/2024	5/3/2024	2/22/2024	11/3/2023	8/4/2023	5/5/2023	2/22/2023	11/4/2022
Key Financials Quarterly
Total Revenue	652	686	753	737	730	600	671	704	684	618	732	827
Ebitda	129	150	190	190	251	102	169	173	173	126	224	255
Operating Income	93	135	159	157	155	82	130	151	146	95	164	233
Net Income	78	99	146	146	186	64	117	128	120	84	172	183
EPS	0.49	0.61	0.90	0.89	1.18	0.42	0.77	0.83	0.78	0.54	1.11	1.17
Key Financials TTM
Total Revenue TTM	2,828	2,906	2,820	2,738	2,704	2,659	2,676	2,738	2,861	3,017	3,155	3,308
Ebitda TTM	658	781	732	711	695	616	640	696	778	871	955	1,018
Operating Income TTM	544	605	552	524	518	510	522	556	639	742	849	954
Net Income TTM	469	577	542	513	496	429	449	504	559	637	716	767
Growth Rates Quarterly
Total Revenue Growth	-10.7%	14.3%	12.3%	4.8%	6.6%	-2.9%	-8.4%	-14.9%	-18.6%	-18.2%	-17.3%	-13.0%
EBITDA Growth	-48.7%	47.6%	12.4%	9.6%	45.5%	-19.1%	-24.8%	-32.1%	-35.2%	-39.9%	-22.1%	-23.1%
Operating Income Growth	-39.9%	64.6%	21.6%	3.9%	5.9%	-13.4%	-20.6%	-35.4%	-41.5%	-52.9%	-39.0%	-27.9%
Net Income Growth	-57.9%	54.1%	24.9%	13.7%	55.2%	-23.1%	-32.1%	-30.2%	-39.3%	-48.4%	-23.1%	-28.5%
Margins Quarterly
EBITDA Margin	19.8%	21.9%	25.2%	25.8%	34.4%	17.0%	25.1%	24.6%	25.2%	20.4%	30.6%	30.9%
Operating Income Margin	14.3%	19.7%	21.1%	21.2%	21.2%	13.7%	19.4%	21.4%	21.4%	15.4%	22.4%	28.2%
Net Income Margin	12.0%	14.4%	19.4%	19.8%	25.5%	10.7%	17.5%	18.2%	17.5%	13.5%	23.5%	22.2%
Cash & Debt
Total Cash	368	508	600	552	461	749	820	717	708	742	894	776
Total Debt	74	69	77	79	80	83	83	111	118	120	133	134
Net Debt / (Cash)	-293	-439	-523	-472	-380	-666	-737	-606	-590	-622	-762	-642
Cash Flows Quarterly
FCF from Operations	182	162	283	166	216	7	249	174	143	19	183	272
Cash Flows TTM
FCF from Operations TTM	793	827	672	638	646	573	585	520	617	590	578	726
Returns to Shareholders Quarterly
Dividends	19	19	19	20	19	18	17	17	17	17	17	17
Share Repurchases	117	157	144	25	8	22	51	119	135	93	2	217
Return on Invested Capital (ROIC) Quarterly
ROIC	19.0%	32.4%	46.2%	40.1%	36.0%	24.9%	40.3%	45.3%	41.1%	28.8%	60.1%	72.8%
Return on Invested Capital (ROIC) TTM
ROIC TTM	29.1%	37.2%	37.6%	31.7%	30.5%	37.6%	41.2%	40.8%	45.6%	55.1%	75.0%	78.2%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Semiconductor Test	1,957	2,351	2,642	2,260	1,553
Robotics	375	403	376	280	298
All Other	344	401
Corporate And Eliminations	0	0	0	-1	-1
System Test			468	410	287
Wireless Test			217	173	157
Total	2,676	3,155	3,703	3,121	2,295

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Semiconductor Test	1,389	1,436	1,246	1,070	785
Corporate And Eliminations	1,170	1,193	1,584	1,624	1,102
Robotics	737	666	701	713	672
All Other	191	207
System Test			171	138	131
Wireless Test			108	106	97
Total	3,487	3,501	3,809	3,652	2,787

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$113.93
Market Cap ($ Bil)	18.2
First Trading Date	03/11/1987
Distance from 52W High	-18.3%
	50 Days	200 Days
DMA Price	$106.44	$101.13
DMA Trend	indeterminate	up
Distance from DMA	7.0%	12.7%
	3M	1YR
Volatility	49.9%	52.2%
Downside Capture	-0.39	1.38
Upside Capture	91.65	139.56
Correlation (SPY)	21.6%	63.5%

TER Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.93	1.53	1.88	1.75	1.76	1.76
Up Beta	3.44	3.38	3.57	1.79	1.71	1.68
Down Beta	1.64	3.85	3.74	2.05	2.00	1.65
Up Capture	194%	111%	182%	168%	186%	1006%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	13	22	34	59	124	378
Down Capture	72%	-217%	-93%	136%	138%	108%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	8	19	28	66	124	370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	7,089,522
Short Interest: % Change Since 8152025	-3.4%
Average Daily Volume	3,199,254
Days-to-Cover Short Interest	2.22
Basic Shares Quantity	159,967,000
Short % of Basic Shares	4.4%

Returns Analyses

	Title
0	Will You Be Comfortable Buying Teradyne Stock?
1	TER Up 15% In A Month. Do You Buy Or Wait?
2	Teradyne Stock Return Comparison
3	Teradyne Total Shareholder Return (TSR): -46.3% in 2022 and 9.0% 3-yr returns (above peer average)
4	TER 103% YTD Return Outperforms ENTG by 103% and Outperforms ENTG by 103% (10/30/2021)
5	Teradyne Total Shareholder Return (TSR): -46.3% in 2022 and 9.0% 3-yr returns (above peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/30/2025	18.9%	18.1%	29.2%
4/29/2025	-2.5%	-1.8%	4.6%
1/30/2025	-5.7%	-7.7%	-9.9%
10/24/2024	-11.0%	-12.0%	-15.2%
7/25/2024	-13.4%	-8.6%	-8.6%
4/25/2024	8.2%	12.9%	39.4%
1/31/2024	-7.6%	-6.5%	-0.8%
10/26/2023	-3.2%	-5.9%	5.3%
...
SUMMARY STATS
# Positive	10	10	11
# Negative	14	14	13
Median Positive	3.4%	4.1%	7.9%
Median Negative	-3.3%	-6.1%	-6.8%
Max Positive	18.9%	21.0%	39.4%
Max Negative	-22.4%	-18.2%	-16.2%

	Forward Returns
7/30/2025	18.9%	18.1%	29.2%
4/29/2025	-2.5%	-1.8%	4.6%
1/30/2025	-5.7%	-7.7%	-9.9%
10/24/2024	-11.0%	-12.0%	-15.2%
7/25/2024	-13.4%	-8.6%	-8.6%
4/25/2024	8.2%	12.9%	39.4%
1/31/2024	-7.6%	-6.5%	-0.8%
10/26/2023	-3.2%	-5.9%	5.3%
7/27/2023	-3.5%	-6.0%	-10.9%
4/27/2023	-3.2%	-1.3%	4.3%
1/26/2023	0.2%	4.4%	-2.6%
10/26/2022	3.3%	3.2%	18.1%
7/27/2022	-0.2%	0.8%	-5.7%
4/27/2022	-1.3%	1.5%	-6.8%
1/27/2022	-22.4%	-18.2%	-16.2%
10/27/2021	6.9%	21.0%	31.1%
7/28/2021	-1.1%	2.7%	-4.4%
4/28/2021	1.0%	-6.2%	-1.5%
1/28/2021	-7.8%	-7.3%	-1.1%
10/21/2020	4.7%	-0.5%	19.2%
7/22/2020	-0.3%	-3.0%	0.6%
4/22/2020	3.0%	3.7%	4.3%
1/23/2020	3.6%	-4.8%	-10.2%
10/23/2019	2.6%	7.6%	7.9%
SUMMARY STATS
# Positive	10	10	11
# Negative	14	14	13
Median Positive	3.4%	4.1%	7.9%
Median Negative	-3.3%	-6.1%	-6.8%
Max Positive	18.9%	21.0%	39.4%
Max Negative	-22.4%	-18.2%	-16.2%

SEC Filings

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Report Date	Filing Date	Filing
6302025	8012025	10-Q 6/29/2025
3312025	5022025	10-Q 3/30/2025
12312024	2202025	10-K 12/31/2024
9302024	11012024	10-Q 9/29/2024
6302024	8022024	10-Q 6/30/2024
3312024	5032024	10-Q 3/31/2024
12312023	2222024	10-K 12/31/2023
9302023	11032023	10-Q 10/1/2023
6302023	8042023	10-Q 7/2/2023
3312023	5052023	10-Q 4/2/2023
12312022	2222023	10-K 12/31/2022
9302022	11042022	10-Q 10/2/2022
6302022	8052022	10-Q 7/3/2022
3312022	5062022	10-Q 4/3/2022
12312021	2232022	10-K 12/31/2021
9302021	11052021	10-Q 10/3/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Smith Gregory Stephen	President and CEO	8142025	Sell	106.00	554	58,724	10,281,257	Form
1	JOHNSON MERCEDES		8072025	Sell	106.00	625	66,250	1,204,478	Form
2	JOHNSON MERCEDES		3052025	Sell	110.96	625	69,350	1,416,737	Form
3	Mehta Sanjay	VP and Chief Financial Officer	2052025	Sell	111.49	1,384	154,302	4,077,884	Form
4	Burns Richard John	President, Semiconductor Test	2052025	Sell	111.49	445	49,613	2,808,517	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Teradyne (TER)

Market Price (9/17/2025): $113.77 | Market Cap: $18.2 BilSector: Information Technology | Industry: Semiconductor Materials & Equipment

Teradyne (TER)

Market Price (9/17/2025): $113.77Market Cap: $18.2 BilSector: Information TechnologyIndustry: Semiconductor Materials & Equipment

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Market Price (9/17/2025): $113.77 | Market Cap: $18.2 Bil
Sector: Information Technology | Industry: Semiconductor Materials & Equipment

Market Price (9/17/2025): $113.77
Market Cap: $18.2 Bil
Sector: Information Technology
Industry: Semiconductor Materials & Equipment